TWIS #260
Oraigo and Datasinc raised funding. CDP invested in Classiq. Italian Founders Fund reach €90m.
Hello,
Welcome back to The Week in Italian Startups, in a shortened summer version. This is Niccolò from Primo Capital: every week, I publish my curated list of the latest news from the Italian startup ecosystem.
I am taking a couple of weeks off - back at the end of August!
The Money 💰
AlterEco Pulp raised €3.5m in a Seed round from Eureka! Fund I Technology Transfer, ALIcrowd III and IV funds, Open Venture.
Datasinc 🇮🇹raised €750k in a Seed round from HabiSmart, CDP Venture Capital, Apside, Zest, Intesa Sanpaolo, and private investor.
The Money International 🌎
Classiq Technologies 🇮🇹raised an extension to its Series C round from CDP Venture Capital.
New Funds💫
Italian Founders Fund raised an additional €35m from CDP-managed Digital Transition Fund, reaching €90m.
M&A 🥩
Banca Ifis 🇮🇹acquired Euclidea Sim.
Reading this week📚
Allside is building the world’s largest reality-grade 3D dataset.
Casavo is 🇮🇹aiming to reach breakeven by end of year.
Satispay: revenues grew by 66% in 2024. | MilanoFinanza
Next Generation Africa, Tanzania at the centre of the 2025 edition | Startupbusiness.it.
2025 Mid-Year LLM Market Update: Foundation Model Landscape + Economics | Menlo Ventures
🌟Jobs in Italian Startups🌟
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Startup Events in Italy🎪
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Fundraising Tracker 📈
Ending Notes📝
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Have a great week,
N.